$BTC 👀 – 08/01/2022| Bitcoin Price Action Update 🎯 - 📸 🚨
📌 What’s good #PublicCommunity? Que es la qué hay?
📌 We’re still making our way down towards the range of ($22,678.67 to $22,206.73), accumulation zone.
📌 The current wave © in red, is resulting in an extended bearish impulse wave. I know this because as you can see there is a nested (additional set of 5 waves in blue) within the i, ii, iii, iv, & v (in black).
📌 Wave 2 (in blue) of the nested 5 waves, appears to be an #expanding or #Reverse #Symmetrical #Triangle (correction pattern ABCDE in purple). Upon completion of this triangle, we should be finishing out wave (3) in blue.
📌 Invalidation Levels: If price climbs, breaks, and closes above $23, 983.05 (invalidation level), then I would like reconsider the possibility of price correcting lower.
✅ If you thought this was helpful or insightful: Follow, Like, or Share ✌🏾 #PublicCommunity
📈 View My Chart:
⚠️ This is not investment or financial advice; Anytime you enter the #markets, you fully accept the #implications at your own risk❗️
#longterm #learning #makingmoneymoves #invest #strength #buildandgrow #breakingnews #crypto #cryptowinter #ElliottWave #FedReserve #investmentidea #investmentopportunity
📌 What’s good #PublicCommunity? Que es la qué hay?
📌 We’re still making our way down towards the range of ($22,678.67 to $22,206.73), accumulation zone.
📌 The current wave © in red, is resulting in an extended bearish impulse wave. I know this because as you can see there is a nested (additional set of 5 waves in blue) within the i, ii, iii, iv, & v (in black).
📌 Wave 2 (in blue) of the nested 5 waves, appears to be an #expanding or #Reverse #Symmetrical #Triangle (correction pattern ABCDE in purple). Upon completion of this triangle, we should be finishing out wave (3) in blue.
📌 Invalidation Levels: If price climbs, breaks, and closes above $23, 983.05 (invalidation level), then I would like reconsider the possibility of price correcting lower.
✅ If you thought this was helpful or insightful: Follow, Like, or Share ✌🏾 #PublicCommunity
📈 View My Chart:
⚠️ This is not investment or financial advice; Anytime you enter the #markets, you fully accept the #implications at your own risk❗️
#longterm #learning #makingmoneymoves #invest #strength #buildandgrow #breakingnews #crypto #cryptowinter #ElliottWave #FedReserve #investmentidea #investmentopportunity